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20121201
20121201
Search Results 0 to 12 of about 13 (some duplicates have been removed)
unless washington gets its act together 90% of americans will see their taxes rise as a series of tax increase and spending cuts take effect. yet negotiations between the white house and congressional republicans are at a standstill. anna werner is in our washington bureau. good morning. >> reporter: good morning. unless congress comes to an agreement on the fiscal cliff it would mean a tax hike plus some $65 billion would be cut from the pentagon and other government agencies. both sides are hoping for a compromise. but so far all there's been is debate. >> i've been keeping my own naughty and nice list for washington. >> reporter: president obama took his fight to the public while visiting a toy company in pennsylvania where he warned republicans not to play scrooge. >> it's not acceptable to me and i don't think it's acceptable for you for a handful of republicans to hold middle class tax cuts held hostage. >> reporter: the white house proposal includes $4 trillion in deficit reduction, $400 billion in cuts to entitlement and $50 billion in infrastructure. john
party and he's now putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax re
, washington bureau chief of "chicago sun-times." ladies, good afternoon. >> hello to you. >> molly, senator dick durbin saying right here on tuesday on "morning joe" that he could see $400 billion, at least $400 billion in entitlement cuts. is that going to be as hard of a sell to the left as raising rates will be to the right? >> in a word, yes. there are a lot of democratic groups right now really pushing for no changes to entitlements and no cuts to entitlements, medicare, social security and also medicaid is a big concern for a lot of unions, a lot of progressive groups who are really trying to push the democrats to hold their ground on this. however, the administration has signaled they could be open to some kinds of changes, potentially the kind of stuff that mitch mcconnell is talking about. i think what we're seeing is that the president's negotiating strategy sort of starting to have an effect. democrats saying we're not going to budge until we get specifics from you and the republicans starting to cough up a few of those specifics now. >> lynn, polls, of course, show public opinio
sweaters. >> we are also talking about as julia was commencing there the fiscal cliff now what washington the gridlock means i think it's most telling because what senator matt baucus from montana said we have 31 days left yet. we are not near a deal yet. we can't expect any sort of a deal with any weeks before christmas i would think. >> the big knock on the president through the this process has been a failure to lead. i think one that sticks rather well. because, instead of sitting down with john boehner. instead of trying to hash something out. he is out there again campaigning, gives speeches, instead of being the one that sits down and gets this deal down. here is the president on again what appears to be the campaign trail yesterday in pennsylvania. >> santa delivers everywhere, i have been keeping my own naughty and nice list for washington. >> [ laughter ] >> you should keep your eye hun gets some connects this year. some members of congress who get them and some who don't. i'm ready to sign it. there are no shortage of pens in the white house. and i carry one around for an emerg
, murdered in these streets. the videotape beating of derrion, an honor student, brought washington bigwigs here today but is anyone paying enough attention to what's happening to our kids? >> we have gone to chicago a number of times over the last several years to report on this violence. if this violence was happening in other parts of the united states, many critics say it would be getting a lot more attention. >> part of our ongoing coverage of chicago's gun violence has been to look at what's being done to stop it. which brings us to tonight's report. with killings on the rise, illinois's governor, pat quinn, launched an ambitious anti-violence program two years ago called the neighborhood recovery initiative. on paper it sounded like a great idea and it really did catch our eye. and then we investigated and the cnn investigation found some pretty serious questions about whether this was crime prevention or good old-fashioned politics. here's investigative correspondent drew griffin. >> reporter: hello? hello? anybody here? this is one of the community organizing groups hired to help r
and costly changes for each and every american family, unless the folks who control washington can act to head it off. it is really a fight over your money, and things like medicare, a majority of americans believe the wealthy should pay more in taxes. that is something the president ran on. and today, he went on the road to push his case. this is all part of a dance that has got to end in serious talks and ultimately some compromise to avoid this moment known as the fiscal cliff. with 32 days to go until the make or break point, it is where we begin tonight with our white house correspondent kristen welker, good evening. >> reporter: good evening, president obama tried to sell his plan in the suburbs of philadelphia today. it is a tactic he thinks has worked in the past, but it did very little to sway the congressional republicans. president obama turning up the heat on republicans. >> hello, hatfield. >> reporter: taking his case for higher taxes on the wealthy to pennsylvania today. >> i don't think it is acceptable to you for just a handful of republicans in congress to hold middle
central california up to washington state pounds the region. already the stormy weather there in recent days has turned deadly. we'll get dylan's forecast in just a minute. >>> also ahead, the president hitting the road trying to do an end around past congress. he's pushing his proposal to stall the dispute over the fiscal cliff. will his newest campaign of taking it to the people work? we're live in washington with the latest. >>> also ahead, two words everyone seems to love. myself included. designer and discount. we'll have a look at what happens when target joins forces with high end retailer neiman marcus. it's a brand-new collection that hits stores. today it's already available online. >> target, neiman marcus, cats and dogs living to the? >> i think it can be done in harmony. >>> plus a fond walk down memory lane for catherine, the duchess of cambridge. she went back to her old school to play a little field hockey and even revealed her childhood nickname. >> let's begin with that stormy weather out on the west coast. miguel almaguer has the latest. >> reporter: this week, much o
to change and what really needs to stay the same, actually. . >>> but right now in washington, it doesn't matter if you're from the old republican guard or the new one, everyone is going to have to come together with democrats and make a deal on that fiscal cliff. >> just 31 days until the deadline and our chief white house correspondent jessica yellin has more on where each side stands. >> randi, victor, democrats say tax rates have to raise on the wealthiest or there's no deal. but negotiations have to start with spending xuts. this is a case of who budges first. just when you thought campaign season was over -- >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. >> president obama is back on the stump pressing republicans to cut a deal averting the fiscal cliff. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> reporter: republicans say they want their christmas, too, and blame the president for the deadlock. >> there's a stalemate. let's not kid ourselves. i'm not trying to m
Search Results 0 to 12 of about 13 (some duplicates have been removed)